April 28, 2020

Merck profit beats, coronavirus uncertainty weighs on forecast

Merck & Co Inc beat analysts’ estimates for quarterly profit on Tuesday on strong demand for its blockbuster cancer drug, Keytruda, but expects coronavirus-led lockdowns to […]
April 28, 2020

Nissan slashes full-year results forecast, sees operating loss

Nissan Motor Co on Tuesday said it expected to post its first annual operating loss in 11 years as the Japanese automaker struggles to recover from […]
April 28, 2020

Lufthansa may seek creditor protection alongside Berlin rescue talks

Lufthansa might seek some form of protection from creditors while talking to the Berlin government about a 9 billion euro ($9.76 billion) rescue package, a company […]
April 28, 2020

Lufthansa CEO warns of too much government influence: Die Zeit

Lufthansa would be hard to steer if governments had too much influence on the company, its CEO was quoted as saying by German weekly Die Zeit […]
April 28, 2020

Exclusive: Aurubis to win EU approval for Metallo takeover – sources

Europe’s biggest copper smelter Aurubis is set to win EU antitrust approval for its planned 380-million-euro ($412 million) acquisition of Belgian-Spanish metal recycling group Metallo, people […]
April 28, 2020

Remote work revenue could help Microsoft offset coronavirus impacts, analysts say

When Microsoft Corp reports earnings on Wednesday, analysts expect some areas of its business to take a hit from the novel coronavirus pandemic, with lower-than-expected sales […]
April 28, 2020

Millions of Americans locked out of unemployment system, survey finds

Millions of Americans who have been thrown out of work during the coronavirus pandemic have been unable to register for unemployment benefits since the U.S. economy […]
April 28, 2020

China discounts, cheaper iPhone to cushion Apple from virus blow to demand

Apple Inc’s discounts on the iPhone 11 in China and the release of a new low-price SE model have put the company in a better position […]
April 28, 2020

Harley-Davidson quarterly profit falls about 45%

Harley-Davidson Inc reported a drop of about 45% in quarterly profit on Tuesday as motorcycle sales took a hit from global lockdowns due to the coronavirus […]
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